Zebpay to Support Lightning Network

Currently, the Lightning Network has 7678 nodes, 39,296 payment channels
28 March 2019   410

Zebpay made Lightning Network Bitcoin payments available for its customers. This is reported in the blog of the trading platform.

To make the new option available, Zebpay users need to go into the wallet and activate it in the ‘Lightning’ tab. After that, it will be possible to make LN-payments for amounts from 1 Satoshi to 0.001 BTC.

Indian marketplace Zebpay was founded in 2015. In a short time, this exchange has become the largest cryptocurrency company in the country. However, last September, Zebpay had to stop operations in its native India due to the restrictive policy of the local central bank regarding cryptoactive assets. Now the exchange is based in Malta.

Currently, the Lightning Network has 7678 nodes, 39,296 payment channels, and the network capacity exceeded 1000 BTC.

Coinone to Join RippleNet

Coinone and Ripple cooperation started in May 2018, and now exchange believes it will help to create wide range of blockchain based financial services
18 June 2019   172

The Korean exchange Coinone, a member of the Big Four of Asian cryptocurrency exchange platforms, has joined the RippleNet network, AMBcrypto reports. Through participation in RippleNet, Coinone will be able to use Ripple's xCurrent solution to provide interbank services to its customers.

Coinone CEO Shin Won Hee, in a conversation with local media, said that his company would rely on cooperation with SBI Ripple Asia in creating a wide range of financial services based on blockchain technology.

According to the media, Coinone was the first exchange in South Korea, which joined RippleNet. As part of the cooperation with SBI Ripple Asia, Coinone intends to “organize overseas remittance events for 3,000 new subscribers to the block chain overseas remittance service.”

Coinone and Ripple started working together in May 2018, when the company integrated xCurrent solution into its own payment service called Cross. According to updated data, customers of the exchange can send transfers to eight Asian countries through the system, taking advantage of reduced commissions.

Earlier this month, Siam Commercial Bank, the largest commercial bank in Thailand, said it would use XRP cryptocurrency in its operations, but later, for unknown reasons, refused this statement.